President Joe Biden is working to create a manufacturing revival – even helping to put factory jobs in Republican territory under the belief it can restore faith in U.S. democracy.
Author: Josh Boak
Biden administration awards $1 billion for economic projects
President Joe Biden and Commerce Secretary Gina Raimondo are announcing on Friday $1 billion worth of federal grants for manufacturing, clean energy, farming, biotech and other sectors that will go to 21 regional partnerships.
For Republican governors, all economic success is local
Gov. Greg Abbott, R-Texa, and other GOP leaders are making a paradoxical argument that the U.S. economy has slumped into a recession, but Republican-led parts of the country are still booming.
Biden acknowledges Americans are ‘really, really down,’ insists recession is ‘not inevitable’
President Joe Biden told The Associated Press on Thursday that the American people are “really, really down” after a tumultuous two years with the coronavirus pandemic, volatility in the economy and now surging gasoline prices that are hitting family b…
Biden tells oil refiners: Produce more gas, fewer profits
President Biden on Wednesday called on U.S. oil refiners to produce more gasoline and diesel, saying their profits have tripled during a time of war between Russia and Ukraine as Americans struggle with record-high prices at the pump.
Biden’s burdens grow: Sagging global economy adds to U.S. woes
As President Joe Biden embarks for Asia on Thursday, he’s facing a new risk at home for the economy and his Democratic Party: a global slowdown caused by Russia’s invasion of Ukraine and the pandemic shutting down Chinese cities and factories.
Biden sees bigger role for US farms due to Ukraine war
President Joe Biden wants to put a spotlight on the spike in food prices from Russia’s invasion of Ukraine when he travels to an Illinois farm to emphasize how U.S. agricultural exports can relieve the financial pressures being felt worldwide.
Biden budget seeks minimum tax on households worth $100m
President Joe Biden intends to propose a minimum tax of 20% on households worth more than $100 million and cut projected budget deficits by more than $1 trillion over the next decade, according to a fact sheet released Saturday by the White House budge…
White House: File your taxes to get full child tax credit
The Biden administration is kicking off an outreach campaign to get millions of families to file their taxes — so they can receive the second half of payments from the expanded child tax credit. Vice President Kamala Harris, Treasury Secretary Ja…
Biden task force releases report to strengthen labor unions
A Biden administration task force on organized labor on Monday issued a set of recommendations that could make it easier for federal workers and contractors to unionize. The report submitted to President Joe Biden included 70 distinct policy proposals,…